#family-finances
#family-finances

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chief-executive

www.standard.co.uk

75% of London children in poverty from employed households, new figures show

T hree quarters of children in poverty in London have at least one parent in a job, new analysis has found.The statistics from Loughborough University shows that overall a third of London's children are in poverty with Tower Hamlets having the highest rate in the country at 47.5 per cent.Four out of the 20 worst affected council areas in the country are the capital, it shows: Tower Hamlets, Newham, Hackney and Barking and Dagenham.

www.independent.co.uk

Families facing groundhog year' as financial squeeze continues think-tank

Families are facing a groundhog year as further squeezes on living standards take place in 2023, a think-tank has warned.While the year ahead may offer economic policymakers some relief, with signs inflation will ease and interest rates peak lower than feared, family finances face a repeat of 2022's squeeze as the cost-of-living crisis deepens, according to the Resolution Foundation's new year outlook.

www.independent.co.uk

Spending cuts of up to 40bn expected after Liz Truss announcement

Prime minister Liz Truss today confirmed for the first time that her tax cuts will require reductions in public spending plans estimated by one leading economic thinktank at up to 40bn.

morechief-executive

www.independent.co.uk

Mapped: The areas hit hardest by mortgage rate hikes of up to 13,000 a year

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Mortgage rates have shot up across the country in the past year, with particularly sharp increases following the disastrous mini-budget that led to the end of Liz Truss's short time as prime minister.

www.independent.co.uk

They ask, mummy why can't we get this?' Single mum has to skip meals in bills crisis

You can't bleed a stone, I can't give you what I haven't got, said Kayleigh.The single mother-of-two, who owes over 500 to her energy provider and faces the debt being handed over to a debt collection agency, was trying to put a brave face on how she is coping with the escalating cost of living.Everything is going up, even staples she said.

BBC News

Parents likely to face rise in nursery costs

Nurseries are set to pass on higher costs to parents or even close because of a substantial real-terms funding cut, early years providers have warned.Government spending on free childcare for young children in England is set to fall by 8% in real terms over the next two years, according to the Institute for Fiscal Studies (IFS).

The Independent

Labour not ruling out junk food deals ban once inflation falls

Labour will not rule out banning 'buy one get one free' deals on junk food once the cost-of-living crisis eases, Wes Streeting has said.

BBC News

Bank of England governor defends rate hike to stop lasting price rises

By Becky Morton Business reporter, BBC News

Interest rates rose to 1.75% - the biggest rise in 27 years - with inflation now set to hit more than 13%.

www.independent.co.uk

Failure to sack Nadhim Zahawi shows Sunak hopelessly weak', says Starmer

Rishi Sunak's failure to sack Tory chairman Nadhim Zahawi over his HMRC tax dispute shows he is hopelessly weak, Sir Keir Starmer has said.The Labour leader used PMQs to attack the under-pressure former chancellor saying it was fairly obvious that someone who seeks to avoid tax can't also be in charge of tax.

www.independent.co.uk

As she battles economic turmoil and an unruly party, what next for Liz Truss?

Liz Truss is a little over a month into her premiership but there is already talk at Westminster of replacing her as Tory leader and Prime Minister.

How did we get here?

www.independent.co.uk

Labour to pile pressure on government for further mini-Budget U-turns

Labour is calling on the government to undo more of its disastrous mini-Budget when MPs return to parliament on Tuesday after conference season ended.

www.independent.co.uk

Opposition seeks to pile pressure on PM as Parliament returns

Liz Truss and Kwasi Kwarteng are facing calls to reverse course yet further on their mini-budget, as MPs return to Parliament after a torrid conference season for the Government.

moreprime-minister

www.independent.co.uk

Redistributing power is only route out of national malaise Nandy

The crisis in Britain's public services presents an opportunity for national renewal, Lisa Nandy has said.The shadow levelling up secretary said Labour's plans to redistribute power away from Whitehall were the only route out of our national malaise.She also attacked the Government's levelling up missions as vague and disingenuous, promising to replace them with more tangible targets while ending an overreliance on GDP as a measure of success.

www.independent.co.uk

Kwarteng to make crunch conference speech as revolt grows over tax cuts for rich

Kwasi Kwarteng will insist the Conservative Party must stay the course and back his plan for tax cuts in the face of a mounting Tory revolt.

HuffPost

Here's The Truth: Work-Life Balance Was Easier During COVID As A Working Mom With 5 Kids

Child care is a significant household expense for American families.

Families use various strategies to navigate the child care challenge. [ more ]

HuffPost

I Fought For Paid Parental Leave In My Town. Then Came The Child Care Costs.

Child care is a significant household expense for many American families, leading to various strategies to manage it.

HuffPost is documenting how real families navigate the child care challenge by profiling parents around the country. [ more ]

Scary Mommy

Is Talking About Finances In Front Of Kids Healthy, Or Should You Zip Your Lips?

Talking about money with your kids can help them understand changes in the family budget and learn about money

Approach the conversation in an age-appropriate manner and consider your child's emotions and reactions [ more ]

Sun Sentinel

What's Hot in Healthcare: South Florida doctors rent office space by the day

The concept of shared or flexible workspace has worked for hairstylists, office workers and entrepreneurs.Now, doctors and medical specialists are trying it in Aventura.Lina, a concept that has been in New York City since 2017, has expanded to Florida.Doctors, mental health therapists and medical specialists are able to rent exam rooms or clinical space by the hour, day or month on a dedicated full floor in the Serena Hotel Aventura/office building.

www.independent.co.uk

Budget hugely damaging for public services', says Sinn Fein

The budget set by Northern Ireland Secretary Chris Heaton-Harris is hugely damaging for public services, Sinn Fein has said.Mr Heaton-Harris made a budget statement on Thursday in the absence of a Stormont Executive.The executive has not been reformed since the last Assembly election in May due to DUP protest action against the Northern Ireland Protocol.

www.independent.co.uk

What the papers say October 3

Backlash to the Chancellor's tax plans dominates the papers at the start of the working week.

The Independent

Woman who said she was bullied and humiliated at work settles claim

A woman has described how older male colleagues made her feel bullied and humiliated at a web development agency in Belfast.

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